This is from the "Accounting Makes Cents" podcast episode #72 released on Monday, 26 August 2024. Today’s episode is not necessarily CIMA-centric, but it is a term we should be familiar with if you’ve ever studied the relevant costing, which is a concept used in decision-making, focusing only on the costs and revenues that will … Continue reading Cutting Your Losses: The Sunk Cost Fallacy
Tag: opportunity cost
Decisions, Decisions: the Opportunity Cost Conundrum
This is from the "Accounting Makes Cents" podcast episode #59 released on Monday, 26 February 2024. In today’s episode, we’re going to revisit relevant costs, and talk about one in particular. This is opportunity cost. Anyway, just to give a background as to the inspiration of this episode: https://open.spotify.com/episode/7c05YP4AMgJepR52r5S6cA?si=LRBzbKH7QuOr35DIYioKdQ Jump to show notes. Inspiration I … Continue reading Decisions, Decisions: the Opportunity Cost Conundrum
MJ THE TUTOR 